February 28, 20179 yr In Thailand it comes down to the simple issue of trust....coupled with a correct understanding of whatever the purchase /sale agreement states and if it is legitimate to trade in all aspects initially. Using a Company or in the name of a Thai to speculate on property investment carries variable high degrees of risk. But ad hoc investment in situations where personal trust is assured is definitely possible. The complexities of creating a Company purely for property investment would probably be more than its worth unless on a scale which would possibly be best in a location other than Thailand. Integrity is the most valued asset anywhere but sadly in Thailand remains a rare commodity even under law.
February 28, 20179 yr 5 hours ago, mike324 said: I have invested in farm land 1.30 hours away from Bangkok. Land cost ranges around 250,000 to 350,000 per rai. Monthly income is 1000 baht per rai, no maintenance needed at all :-) which is why its a good alternative investments. Going rent price for farm-land is 750 baht to 1,500 baht a rai per year – are you really paid 1,000 baht a month per rai for farmland only..?
February 28, 20179 yr Going rent price for farm-land is 750 baht to 1,500 baht a rai per year – are you really paid 1,000 baht a month per rai for farmland only..?Renting out farm land will give you absolute minimal returns. You make the money when the value of your farm land appreciates. Property investment in Thailand takes some knowledge and experience. People often overstate returns. Many people tell me they make double digit returns which I know is incorrect because they don't calculate returns correctly. If you do it well, I think you can realistically achieve somewhere between 7-8%. Sent from my iPad using Thaivisa Connect
March 1, 20179 yr 13 hours ago, khunPer said: Going rent price for farm-land is 750 baht to 1,500 baht a rai per year – are you really paid 1,000 baht a month per rai for farmland only..? Yes that was a big typo, should be yearly. Thanks for the correction.
March 1, 20179 yr 34 minutes ago, mike324 said: Quote 13 hours ago, khunPer said: Going rent price for farm-land is 750 baht to 1,500 baht a rai per year – are you really paid 1,000 baht a month per rai for farmland only..? Yes that was a big typo, should be yearly. Thanks for the correction. Investing in farmland is not for the direct rent-outcome – in best case you'll get a good bank interest rate; i.e. 1,000 baht a rai for a 70,000 baht investment or around 1.5% pa. – but for the increase in land value over a period; and that's better than keeping funds in bank and get interest only, and the same amount of money back. Even when investing in expensive prime farmland you'll get a bank interest, i.e. 1,500 baht per rai a year of for example a buying sum of 300,000 baht a rai, i.e. 0.5% pa. In the area I'm familiar with up Isaan, a rai of excellent Chanote farmland was traded for 40,000 baht in 2006, and 100,000 baht in 2016, i.e. 2½ times up or an increase of 150%. Lower deeds were traded for 20,000 to 30,000 baht a rai – some even as low as 10,000 baht a rai – and 10-years later up the area around 70,000 baht a rai for even the lowest deeds (tax paid only), so for the Thai villager such an investment would mean a gain from around 130% up to 600%... Edit: In my previous post I said price-increase for Isaan-farmland of 100% to 400%, more in general, and not to overestimate...
March 1, 20179 yr 5 minutes ago, khunPer said: Investing in farmland is not for the direct rent-outcome – in best case you'll get a good bank interest rate; i.e. 1,000 baht a rai for a 70,000 baht investment or around 1.5% pa. – but for the increase in land value over a period; and that's better than keeping funds in bank and get interest only, and the same amount of money back. Even when investing in expensive prime farmland you'll get a bank interest, i.e. 1,500 baht per rai a year of for example a buying sum of 300,000 baht a rai, i.e. 0.5% pa. In the area I'm familiar with up Isaan, a rai of excellent Chanote farmland was traded for 40,000 baht in 2006, and 100,000 baht in 2016, i.e. 2½ times up or an increase of 150%. Lower deeds were traded for 20,000 to 30,000 baht a rai – some even as low as 10,000 baht a rai – and 10-years later up the area around 70,000 baht a rai for even the lowest deeds (tax paid only), so for the Thai villager such an investment would mean a gain from around 130% up to 600%... Foreigners buying land?
March 1, 20179 yr Just now, Destiny1990 said: Foreigners buying land? Foreigners can be shareholders in a Thai co. ltd. investing in property – if you read my post again, you'll see that I'm talking about "Thai villagers" when mentioning high increase on low title deeds, that can only be transfers between local villagers or family. However a foreigner can have a Thai-wife/girlfriend/partner, who can gain from borrowing little of the foreigners money and invest in farmland over for example a 10-year period...
March 1, 20179 yr Google REIT buy them in any market in the world through discount broker. Your a property owner, they manage it need cash, sell in less than a second way better than being a landlord in Thailand
March 2, 20179 yr 5 hours ago, funandsuninbangkok said: Google REIT buy them in any market in the world through discount broker. Your a property owner, they manage it need cash, sell in less than a second way better than being a landlord in Thailand And what kind of p/e ratios do these reits have?
March 2, 20179 yr 2 hours ago, trogers said: And what kind of p/e ratios do these reits have? 2 hours ago, trogers said: And what kind of p/e ratios do these reits have? We there are hundreds so I cannot say here. Info is readily available on internet. I like this one https://en.m.wikipedia.org/wiki/CoreCivic
March 2, 20179 yr Just now, funandsuninbangkok said: We there are hundreds so I cannot say here. Info is readily available on internet. I like this one https://en.m.wikipedia.org/wiki/CoreCivic Captive tenets
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